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Fannie Mae and Freddie Mac are adding another round of new underwriting requirements and a workaround for employment verification in response to the prolonged government shutdown.
January 17 -
Bank of America's first-mortgage production dropped almost 26% year-over-year in the fourth quarter of 2018, but it experienced a less severe 10% decline in home equity lending during the same period.
January 16 -
Radian Group has acquired Five Bridges Advisors, further cementing the new focus of its mortgage and title services business.
January 16 -
A federal appeals court ruling that found the leadership structure of the FHFA unconstitutional will face an "en banc" review later this month.
January 16 -
Loans grew 6% at JPMorgan Chase, but the bank is "not going to be stupid" and assume that will last forever, its CEO says. Here are some precautionary steps it's taking.
January 15 -
Wells Fargo and JPMorgan Chase had reduced mortgage-related earnings in the fourth quarter as home loan activity continues to fall short of expectations.
January 15 -
Revenue slumped 5% in the fourth quarter, the third drop in the past year and a bigger one than analysts had expected.
January 15 -
Radian and Essent will make their "black box" mortgage insurance pricing methods live on Jan. 21, leaving MGIC as the only company yet to announce its adoption.
January 14 -
Citigroup's residential mortgage originations declined 23% and its home-loan revenue dropped by 35% year-over-year in the fourth quarter of 2018, as the company continued to distance itself from home loans.
January 14 -
Loans in commercial mortgage-backed securities originated after 2009 by nonbank lenders have a significantly higher default rate than those originated by banks, a Fitch Ratings report said.
January 14












